European Bank Transfers Risk on $1 Billion Private Sector Loans
18 days ago
In a significant move to mitigate financial risks associated with its lending activities, the European Bank for Reconstruction and Development (EBRD) has announced plans to transfer risk tied to a substantial $1 billion portfolio of private sector loans. This decision comes in response to increasing challenges posed by economic instability and market fluctuations, reflecting the EBRD's proactive approach to managing its financial health while continuing to support private sector development across the region.
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